Overview
What is Afcea Education Foundation?
The Afcea Education Foundation, situated in Colorado Springs, Colorado, is a dedicated nonprofit organization. Its primary mission is to support STEM education by providing scholarships and grants to students and teachers. In 2022, the Rocky Mountain Chapter of this foundation made significant strides, donating a substantial amount of $457,000 towards STEM-related activities, scholarships, and teacher grants. This included funding for Title 1 schools, cybersecurity training, and the Scripps Howard "If You Give a Child a Book" program. The foundation also sponsored the Pikes Peak Robotics Program and co-hosted various small business events throughout the year. The chapter's efforts led to successful events such as the Rocky Mountain Cyberspace Symposium and the Mountain West Cyber Challenge. Looking ahead, the foundation aims to increase its individual and corporate membership, invest in branding efforts, and donate even more to local STEM education activities.
Official website here: www.afcearockymtn.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star rating
The Afcea Education Foundation has received an overall score of 81%, indicating a strong performance in terms of accountability and finance. The rating is entirely derived from the Accountability & Finance score, reflecting the organization's commitment to transparency and sound financial management.
One of the notable strengths of the foundation is its governance, as evidenced by its 100% independent board members and a large board size of 16 members. The foundation has no reported issues with asset diversion, and it maintains comprehensive policies regarding conflicts of interest and whistleblower protections, showcasing its dedication to ethical practices.
However, while the financial ratios are impressive, particularly the program expense ratio of nearly 100%, the rating does not provide insights into the foundation's overall impact or effectiveness in achieving its mission. Therefore, potential donors may want to further investigate the foundation's programs and outcomes to ensure alignment with their philanthropic goals.
This AI summary has been generated from information found on Charity Navigator.
Is Afcea Education Foundation legitimate?
Afcea Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Afcea Education Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.afcearockymtn.org
What is the mission statement of Afcea Education Foundation?
The Afcea Education Foundation's mission is centered around offering annual scholarships and grants for students and teachers in the fields of Science, Technology, Engineering, and Mathematics (STEM). This non-profit organization aims to make a significant impact in the education sector by providing financial aid to deserving students and teachers. In 2022, the Rocky Mountain Chapter of the foundation donated a substantial amount for STEM-related activities, scholarships, and teacher grants, with a focus on Title 1 schools. They also supported programs like the Goodwill of Colorado's LIFT program, the Scripps Howard "If You Give a Child a Book" program, and the Pikes Peak Robotics Program. The foundation's achievements include hosting the Rocky Mountain Cyberspace Symposium, partnering with other local organizations, and organizing events to boost its recognition in the community. For 2023, the foundation has set goals to increase individual and corporate membership, improve its website, invest in branding efforts, and donate a substantial amount to local STEM-related education activities.
Official website here: www.afcearockymtn.org
Who is the CEO of Afcea Education Foundation?
Michael Sinks is the Treasurer of Afcea Education Foundation.
Official website here: www.afcearockymtn.org
What is the revenue of Afcea Education Foundation?
Afcea Education Foundation's revenue in 2022 was $645,325.
Official website here: www.afcearockymtn.org
Who are the executives of Afcea Education Foundation and what are their salaries?
There 16 volunteers at Afcea Education Foundation.
Here are 16 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.afcearockymtn.org
Where can I find the form 990 for Afcea Education Foundation?
Afcea Education Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.afcearockymtn.org
Learn more at the official website: www.afcearockymtn.org
Mission Statement of Afcea Education Foundation
The Afcea Education Foundation is an organization dedicated to making a significant impact in the realms of science, technology, engineering, and mathematics (STEM). Their mission, in simple terms, is to extend annual scholarships and grants to both students and educators in these fields. Through these initiatives, they aim to foster a generation of well-equipped and knowledgeable individuals in STEM, thereby contributing to the advancement of technology and innovation.
In practice, the foundation accomplishes its mission by providing financial assistance to deserving students and teachers. For instance, in 2022, the Rocky Mountain chapter of Afcea Education Foundation donated a substantial sum of 457,000 dollars towards STEM scholarships, teacher grants, and other community activities. This support extended to institutions like Pikes Peak State College and the University of Colorado-Colorado Springs (UCCS), where they granted 50,000 dollars in STEM scholarships. Furthermore, they increased their donations for STEM teacher grants to 130,000 dollars, providing additional support to educators in elementary, middle, and high schools, with a particular focus on Title 1 schools.
By offering these scholarships and grants, Afcea Education Foundation plays a crucial role in nurturing talent in STEM fields and encouraging young minds to pursue careers in these areas. Their commitment to fostering STEM education and supporting teachers in the process underscores their mission to promote growth and innovation in these significant areas.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Afcea Education Foundation's impact is substantial, with a focus on offering annual scholarships and grants for students and teachers in science, technology, engineering, and math (STEM). In 2022, the Rocky Mountain chapter of the organization made a significant impact in the local community by donating $457,000 for STEM scholarships, teacher grants, and other STEM-related community activities. The chapter provided $50,000 in STEM scholarships to both Pikes Peak State College and the University of Colorado-Colorado Springs (UCCS) and increased donations for STEM teacher grants to $130,000, offering more support to elementary, middle, and high school teachers, with a particular emphasis on Title 1 schools.
Additionally, the Rocky Mountain chapter partnered with Goodwill of Colorado by donating $50,000 to support their LIFT program that trains adults in cybersecurity certifications. They also became the largest supporter across the country of the Scripps Howard "If You Give a Child a Book" program, providing over $45,000 to distribute books to Title I elementary school students.
Furthermore, the chapter sponsored the Pikes Peak Robotics program, provided robotics cabinets to participating schools, and hosted successful events like the Rocky Mountain Cyberspace Symposium, which raised over $400,000 for STEM education programs. The chapter's efforts to partner with local organizations and host various events have helped in promoting STEM education in the community.
Overall, Afcea Education Foundation's impact is evident through its financial contributions, scholarships, grants, partnerships, and successful events, all aimed at fostering STEM education and opportunities in the local community.
This information is meant to be a general summary of Afcea Education Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $104,141
- Gross Receipts: $693,827
Assets and Liabilities:
- Total Assets: $4,934,645
- Total Liabilities: $430
- Net Assets: $4,934,215
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1955
Phone
(719) 930-5318Principal Officer
Michael Sinks
Main Address
PO BOX 63054, COLORADO SPRINGS, CO, 80962
Website
www.afcearockymtn.orgNTEE Category
Code: B82 - Education
If you are a representative of Afcea Education Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.